Defense Solutions Holding, Inc. (DFSH:PK), CEO Timothy Ringgold outlined the firm’s five year growth plan that capitalizes on the firm’s extensive opportunities in Iraq. Defense Solutions has worked in Iraq since 2005 when it was the only supplier of battle tanks to the new Iraqi Army. Release of the business plan followed meetings in the […]
According to lawmakers, the border area between Kuwait and Iraq should no longer be disputed territory. However Iraqi locals see it differently and accuse Kuwait of blocking their waterways, stealing their oil and teaching their children untruths about the area, according to this report from Niqash. As dusk falls along the southern borders that Iraq […]
Washington and Baghdad have made significant progress on a deal for Iraq to buy Lockheed Martin F-16 warplanes but do not have a signed contract, according to Bloomberg. In February the Iraqi government delayed its planned purchase of F-16s and diverted $900 million set aside for an initial payment on the aircraft into its national […]
U.S. officials have arrested 13 people for their alleged involvement in an organised crime gang stealing cars for transport to Iraq. "Operation Hot Wheels," a two-year investigation by the U.S. Immigration and Customs Enforcement's Homeland Security Investigations, resulted in nine Detroit and four in San Diego. The vehicles were shipped to Iraq through Canada. The […]
While last week was bloody in Iraq, levels of violence actually fell slightly in the country from the week before. Nonetheless, conditions should still be regarded as hostile, with dozens of people killed in a series of suicide bombings towards the end of Ramadan. As well as several such attacks in the centre of the […]
Hussein al-Shahristani (pictured), Iraq's Deputy Prime Minister, will be summoned to parliament after the Eid al-Fitr holiday to answer questions about two fraudulent ministry of electricity contracts worth more than $1.7 billion, according to AKnews. A member of the parliamentary commission set up to investigate the case, Uday Awwad, told the agency that MPs signatures have […]
The final report of the congressionally chartered US Commission on Wartime Contracting in Iraq and Afghanistan says at least $31 billion has been lost to contract waste and fraud, and that major reforms are required. Commission reform objectives include improving federal planning for use of contracts, strengthening contract management and oversight, expanding competition, improving interagency […]
The electricity, trade, defense and interior ministries have been identified as the most corrupt of the country's ministries, the Integrity Committee in parliament. Iraq's Integrity Commission has announced that it has opened an investigation into corruption in the Iraqi Defense Ministry AKnews reports that the investigation relates to all of the department's dealings since 2003, […]
A Ukrainian-based defence manufacturer has reportedly suspended work on a contract to supply the Iraqi military with light transport planes until it receives payment for work already done under the contract. Interfax reports that state-run Antonov has a $550 million contract to supply military equipmment, including its An-32 aircraft, to Iraq, and a spokesman said […]
Three rockets were fired in the area of the Iraq-Kuwait border on Friday. Reuters quotes an Iraqi official as saying that they landed inside Iraq and were not aimed at Kuwait or the disputed Mubarak port. "The rockets targeted the (former) Bucca prison building, which is used by foreign companies," Ali al-Maliki, head of the Basra […]
The current world focus is on Libya, with AKE now ranking Tripoli as being much more hostile a working environment than Baghdad. However, conditions are still fluid and unstable in Iraq, and levels of violence have crept up in the country for the third consecutive week. Dozens of people were killed and hundreds injured in […]
The Deputy Chairman of Iraq’s Integrity Commission had demanded Prime Minister Nouri al-Maliki sack the Chairman of the Haj (Pilgrimage) Commission, Mohammed Taqi al-Moula, following charges of corruption. “There are documents and dossiers, being studied since over one month by the Integrity Commission, that had agreed that the said official was involved in corruption,” Ahmed […]
